Kennametal
230 hedge funds and large institutions have $3.2B invested in Kennametal in 2019 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 81 increasing their positions, 81 reducing their positions, and 37 closing their positions.
29% more capital invested
Capital invested by funds: $2.48B → $3.2B (+$722M)
7.34% more ownership
Funds ownership: 97.48% → 104.82% (+7.3%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 81
6% less funds holding
Funds holding: 244 → 230 (-14)
16% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 37
22% less call options, than puts
Call options by funds: $2.62M | Put options by funds: $3.37M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$196M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$70M |
| 3 |
CVA
Ceredex Value Advisors
Orlando,
Florida
|
+$36.6M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$24.9M |
| 5 |
CCM
Channing Capital Management
Chicago,
Illinois
|
+$24.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACH
ArrowMark Colorado Holdings
Denver,
Colorado
|
-$53.2M |
| 2 |
Fuller & Thaler Asset Management
San Mateo,
California
|
-$48.1M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$25.7M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
-$19.7M |
| 5 |
Millennium Management
New York
|
-$10.3M |
KMT Hedge Fund Activity: Q4 2019 in Review
230 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Kennametal (KMT) for Q4 2019, worth a combined $3.2B — up 29% from $2.48B a quarter earlier.
Sellers outnumbered buyers: 37 funds closed out of KMT and 31 opened new positions — a net loss of 6 holders — while 81 trimmed existing stakes and 81 added.
The largest buyer was Wellington Management Group, adding an estimated $196M. The largest seller was ArrowMark Colorado Holdings, cutting an estimated $53.2M.
- 230 institutional investors held Kennametal (KMT) as of Q4 2019, down from 244 in Q3 2019.
- Funds reported $3.2B of Kennametal stock for Q4 2019, up 29% quarter-over-quarter.
- 31 funds opened new Kennametal positions in Q4 2019 and 37 closed out, a net change of -6 holders.
- The largest Kennametal buyer in Q4 2019 was Wellington Management Group, an estimated $196M added.
- The largest Kennametal seller in Q4 2019 was ArrowMark Colorado Holdings, an estimated $53.2M sold.
Based on aggregated 13F filings for Q4 2019.